How Are LLCs Managed? Member-Managed vs. Manager-Managed

By Matthew Dochnal April 24, 2024
small business owner packing boxes

  What Is a Member-Managed LLC? In a Member-Managed LLC, all of the Members are involved in running the business. So, the Members are both the owners and the Managers of the company. In a Member-Managed LLC, each Member can: Sign contracts for the company; Hire employees; and, Make decisions about the company’s direction. What […]

Continue Reading

LLC Members and Managers: Who Owns an LLC?

By Matthew Dochnal April 25, 2023
two small business owners opening a cafe

Who owns and manages an LLC? If you’re thinking about setting up a Limited Liability Company (LLC), it’s helpful to understand the roles of LLC owners and how they’re involved in managing the business. LLCs offer the flexibility to create unique management structures, pick officer titles, distribute management responsibilities, and outline ownership interest. In this […]

Continue Reading

Start your business today

Talk to a pro: 1-800-759-2248
Get Started